Property Type
Property Name
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Sale Sole Agency | Retail/Other
Under Offer

Nelson Place Development Project

Smith Street, St Peter Port
  • Total Space
    9,978 SQ FT
  • Location
    Central
  • Retail Unit
    Income Producing
  • Planning Permission
    For 7 Apartments
  • Available
    Immediately
  • Price
    £2,200,000
Location

Nelson Place is situated on Smith Street, a pedestrianized street in St Peter Port’s town centre. It therefore sits adjacent to the High Street and forms part of St Peter Port’s main retail pitch. Given its location, in the near vicinity are a number of retail outlets, restaurants, public houses and other amenities. It is also close to the public car parking located on the piers.

Description

The available property is arranged over ground, first and second floors. At ground level, there is a retail unit which has the benefit of two entrances / exits directly onto Smith Street and a large window frontage. In addition to the main retail trading arears, there is also storage and ancillary accommodation at the rear. The premises is currently let to Pound Magic and details of the lease can be made available upon request.

The upper levels are currently vacant but were most recently occupied by a gym operator. This too has its own dedicated entrance / exit on Smith Street which offers the opportunity to brand or display goods in the entrance lobby / windows.

Although the upper levels can continue to be used for commercial uses, there is planning permission in place to convert them into residential accommodation. The approved plans allow for six two bedroom apartments (three of which are duplex units) and a further one bedroom apartment. Five of the seven units will also have the benefit of roof terraces and all are local market.

Accommodation

The property currently provides approximately 9,979 sq ft of accommodation. This is arranged over three levels as follows:

Accommodation

Area (sq ft)

Ground

4,779

First

4,930

Second

269

Total

9,979

Tenure

Freehold.  The property is available to purchase by way of conveyance.

Availability

The property is available to purchase immediately.

Price

We are seeking offers in the region of £2,200,000 (two million two hundred thousand pounds).

Legals

All terms are subject to contract.
Each party shall bear their own legal costs in connection with this transaction.

  • Valuation

    We have a team of RICS Registered Valuers who combine experience, local market knowledge and high standards of professionalism to provide valuation reports tailored to provide clients with the information they require.

  • Property Management

    Our dedicated Property Management Team has a broad range of technical and financial management skills to ensure the properties we manage are in safe hands.

Sale Sole Agency

Nelson Place Development Project

 
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